The Mad Lads NFT collection on the Solana blockchain has climbed to sixth place in market capitalization, fueled by the buzz around the TRUMP memecoin.
Mad Lads on the Solana Platform
Amidst the excitement around the TRUMP memecoin, SOL's price reached an all-time high of $287, up 19% in the last 24 hours. Mad Lads, created by Armani Ferrante and Tristan Yver from Backpack Exchange and released on April 19, 2023, currently have a market cap of $188.1 million with a floor price of $18,905. Over the past 24 hours, they recorded $473,788 in trading volume from 24 sales, with the floor price up by 5.15%.
Growth of the Solana NFT Market
The overall Solana NFT market grew by 15% in the last 24 hours, with a market cap reaching $714 million. Trading volume for the same period stood at $3.39 million. Other Solana-based collections also saw gains: Claynosaurz’s floor price rose 13.8% to $4,882, with a market cap of $48.8 million. Solana Monkey Business rose by 7.1%, reaching a market cap of $39.7 million.
Trump's Trading Cards Popularity
The launch of the TRUMP memecoin, coordinated by CIC Digital LLC, has sparked renewed interest in Trump's Digital Trading Cards on the Polygon blockchain. The first collection trades at a floor price of $936.91, up 12% in the past day, with a market cap of $93.5 million and a 24-hour trading volume of $2.44 million.
Recent developments in the Solana market and the launch of the TRUMP memecoin have significantly increased interest in NFTs and digital collections across various platforms.